CVS Health

At the start of 2019, Forbes highlighted CVS Health as one of various companies that have recognized the mutual benefit of providing affordable products to a low-income market to improve health. In 2018, CVS Health acquired Aetna, the third-largest U.S. health insurance company, for $70 billion, and in 2019, added about 563,000 Medicare Advantage members. The same year, in order to improve customers’ health and lower healthcare costs, CVS opened 50 revamped stores that offer additional healthcare benefits. These locations, known as HealthHUBs, include a pharmacy; a walk-in health clinic for screenings, testings, and treatment for common illnesses; care to manage chronic conditions such as asthma, diabetes, high cholesterol, and hypertension; wellness rooms for health seminars and yoga; guidance from specialists; expanded wellness products and medical equipment; a kiosk to check one’s own weight, blood pressure, and body-mass index; and a care concierge. While these services are zero cost or low copay for Aetna health plan members, they reduce expenses individuals not covered by Aetna through preventative health and minimizing unnecessary trips to the emergency room. CVS Health anticipates operating 1,500 HealthHUBs by the end of 2021.